Who pays closing costs the buyer or seller?
Who pays closing costs is split: both sides pay, but different items. Buyers cover lender fees, the appraisal, and prepaids; sellers in Florida customarily pay items like the owner's title policy in many counties and certain transfer taxes. It's all negotiable in the contract.
Buyers can also negotiate seller concessions to cover more of their costs. We structure the contract to shift costs in your favor where the market allows.
How costs split
Both sides pay closing costs, just different ones. Buyers usually cover lender fees, the appraisal, and prepaids. Sellers often handle their own title work and commissions.
Much of it is negotiable. A seller can agree to cover buyer costs as a concession.
Negotiating the split in Florida
Who pays what shifts with the market and local custom. In a buyer-friendly market, sellers give more. We know the norms in your area.
Tell us your cash limits. We will negotiate a split that keeps the deal affordable for you.
Verify the details for your own situation against these government and agency sources: CFPB private mortgage insurance guide and CFPB Owning a Home guide.